Property profile

636 State Rd Island Lake, IL 60042

OFF-MARKET
Strip malls
21,300 SF Built 1997
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Property summary

AI-generated overview

This 1,300 square foot retail space is located within the 21,300 square foot Westridge Shopping Center in Island Lake, Illinois (60042), situated on busy Route 176 with over 17,300 vehicles per day. The space, built in 1997, is part of a single-story building and features a newly remodeled 41x21 foot open area, three additional rooms ideal for office, storage, or break room use, and one bathroom. The property boasts ample lighted parking (110 spaces) and allows for both wall and monument signage. The shopping center is anchored by established businesses including a Mexican restaurant, banquet hall, dental practice, pet care facility, dance studio, and nail salon. The space is zoned B2 and has a 100-amp power supply. The property's APN is 09-28-204-011. This is a single-tenancy space in a thriving retail center, presenting a fantastic opportunity for a variety of businesses. The property offers high visibility and convenient access for customers. Don't miss this chance to establish your business in a well-established and busy shopping center.

Property profile

Verified
Property type Strip malls
Year built 1997
Total area 21,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

636 State Rd Island Lake, IL 60042
Island Lake metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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